Market Infrastructure

Market Infrastructure

New BOJ Governor to Review Past Monetary Policy Moves

By Editors | 01/05/2023

The review will look into various monetary policy moves taken over the past 25 years, and not be tied to near-term policy shifts.

Market Infrastructure

PBOC Issues Rules to Facilitate Introduction of Swap Connect

By Editors | 01/05/2023

Initially, centrally-cleared interest rate swap products will be eligible for trading under the northbound scheme. A southbound leg will be considered later.

Fintech / Regtech

ASX Issues Update on CHESS Replacement Partnership Programme

By Editors | 01/05/2023

Under the A$70mn Partnership Programme, ASX will offer payouts to stakeholders to support their efforts in meeting project milestones.

Market Infrastructure

China Uses CNY Cross-border More than USD for First Time

By Editors | 30/04/2023

The yuan was used in 48.4 percent of China’s cross-border transactions in March, compared to 46.7 percent for the dollar.

AML / KYC

SFC Chief Julia Leung Offers View Into 2023 Priorities

By Manesh Samtani | 29/04/2023

Julia Leung said the SFC will issue the new virtual assets rules in May, and that it developing a free carbon emissions calculator tool to help SMEs in climate-related reporting.

Market Infrastructure

Firms Must Continue to Act to Ensure Orderly LIBOR Transition: FSB

By Editors | 28/04/2023

A “pile-up” towards end-June 2023 that could introduce operational risks and wider market disruption, the FSB said.

Market Infrastructure

RBI Eases Restrictions on Funds Held in GIFT City by Indians

By Editors | 27/04/2023

The RBI removed a requirement for Indian residents to repatriate funds that lie idle for 15 days in GIFT City bank accounts. Restrictions on interest-bearing accounts also relaxed.

Market Infrastructure

CSRC Consults on Draft Rules for Hosted Facilities for Trading

By Editors | 27/04/2023

Securities and futures exchanges must ensure fairness and reasonableness in terms of latency, resource allocation and guarantees, and service agreements, among other areas.

Market Infrastructure

Cboe Global Markets Unveils New 1-Day Volatility Index

By Manesh Samtani | 27/04/2023

The VIX1D measures the expected “current trading day” volatility of the S&P 500 Index, whereas the existing VIX Index reflects expected volatility 30 days out.